Happy with these results. I think the lack of high grade golden hind ore is relevant - as I suspect a reasonable amount of the ore processed has come from here - but aside from that the overall grades seem good. Also good to see the western limb widening confirming the resource model. This is a solid result and shows the company is operating well in line with or better than expectations set - justifies current value imo but now they need to continue with good results for the whole 10k tonne parcel and also get the mining lease so the cashflow story can continue.
As long as the resource model and grades continue to be confirmed, when the mining lease is in place and the large quantities of cash are steadily streaming in it will become hard for the market to ignore the story.
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